surtaxes
Taxes on taxes
Surtaxes are additional taxes imposed on top of an existing tax, typically targeting higher income brackets or specific types of revenue.
A government might levy a surtax on incomes above a certain threshold or on luxury goods, often to fund particular programs or address budget shortfalls.
The proposed surtaxes on millionaires would fund infrastructure improvements.
The verb surtax means to impose such an additional levy.
Compulsory government charge
- assessmentFormal evaluation of worth
- tariffTax on traded goods
- dutyRequired moral task
- exciseRemove by cutting
customs · impost · withholding · revenue · fiscal · progressive · regressive · corporate
Required task or commitment
- encumbranceHindrance or legal claim
- strainExcessive stretching force
- hardshipSuffering from difficult circumstances
- onusResponsibility one bears
imposition · exaction · weight · pressure · penalty · cost · expense · impact
Added cost for better
- additionalBeyond the existing amount
- supplementalAdded to complete
- markupAdded percentage for profit
- incrementUnit of increase
excess · add-on · overage · extra · top-up · loading · uplift · percentage
levy
Compulsory government charge
- assessmentFormal evaluation of worth
- tariffTax on traded goods
- dutyRequired moral task
excise · customs · impost · withholding · revenue · fiscal · progressive · regressive · corporate · income
obligation
Required task or commitment
- encumbranceHindrance or legal claim
- strainExcessive stretching force
- hardshipSuffering from difficult circumstances
onus · imposition · exaction · weight · pressure · penalty · cost · expense · impact · consequence
premium
Added cost for better
- additionalBeyond the existing amount
- supplementalAdded to complete
- markupAdded percentage for profit
increment · excess · add-on · overage · extra · top-up · loading · uplift · percentage · rate
- government chargescustoms duties, import duties, fees, tolls, levies
- investment taxescapital gains, dividends, investment income, capital losses, capital loss
surtaxestax rebates
Returned excess payments
tax refunds · tax credits · tax deductions · tax exemptions · tax breaks
surtaxestax cuts
Decreased government assessments
tax exemptions · tax breaks · tax relief · tax reductions · deductions